Creative All Around

Creative reflection eludes a thinking individual very easily.
Run in circles if you’d like to verify.
Escape is impossible when you are stuck inside.
Around the grid revolves abstract creativity bound together.
Think about what you seek in this act.
I could tell, but the mystery would evade.
Venetian moats around the city flow like rivers.
Even various intellectuals travel an elusive rounded circumference.

My early attempt at riddles. Can you guess what it is? The answer is in there, so are the hints. Have fun! (The image is just a filler, but helps, in a funny way)

Write down the first letter of all the eight words in the first line. Then write the first letter of the first words of all the eight lines. Now write down the first letter of all the eight words in the last sentence. Read in reverse. Finally, write down the first letters of the last eight words of all the lines, again – read in reverse.